Coalgate: CBI Swings into Action on 5 Companies; Files FIR

The Central Bureau of Investigation (CBI) on Tuesday filed first information reports against five companies in connection with the alleged irregularities in the coal allocation and is set to conduct nationwide raids in ten cities. Sep 4, 2012

Maruti Unrest: Sacked Employees may Pressurise Other Workers for Support, Says Bhargava

Manesar Maruti Suzuki India chairman RC Bhargava said that sacked employees of the leading car maker may try to instigate other workers in the company to either support their cause or completely boycott work in the Manesar facility, which reopened on Tuesday following a month's shutdown due to clashes that broke out between the workers and management in July. Aug 21, 2012

Bharti Airtel Q1 Profit Down 37 Pct to ₹7.62 Billion

Bharti Airtel on Wednesday reported a 37 percent slump in quarterly profits, making it the tenth quarter in a row that the telecom major registered a profit decline amid prevailing competition despite outperforming smaller rivals in the subscriber market. Aug 8, 2012

India Blackout: Northern, Eastern Power Grids Partially Restored; Train Services Delayed

For the second consecutive day life has come to standstill in half of India after power grid failure hit North and East India in one if the worst blackouts since 2001. On Monday, the Northern Grid which collapsed and was restored after about 15 hours of blackouts, tripped again on Tuesday. The Eastern and North-Eastern transmission lines also collapsed on Tuesday afternoon affecting more than 600 million people and 22 states across the country. Jul 31, 2012